Victorian Duplex with Detached
542 Grant St Vallejo, CA 94590
542 Grant St, Vallejo, CA, 94590
$599,000
For Sale
$599,000
1900-built duplex with two 3-bedroom units, plus a detached two-car garage and off-street parking.
Property Size2,459 SF
Lot Size0.25 Acres
Price / SF$243.59
Days on Market90
Property Features for 542 Grant St
General Information
- Standard status
- Active
- Size
- 2,459 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Flat Rate Realty
(510) 506-8686
Listed by
Harry Cordiano · License #01115795
(510) 506-8686
Source
Exitrealty
Added: Apr 24 Updated: Jul 21 at 4:39PM Checked: Jul 22 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flat Rate Realty
Investment Insights
Based on property information with market context.
Built in 1900, this Victorian duplex offers a two-unit residential income setup with one upstairs unit and one downstairs unit. The upstairs residence at 542 Grant has 3 bedrooms and 1 bath plus an office/den and has been completely remodeled and is described as vacant, with brand-new flooring, an updated kitchen, and a refreshed bathroom. Both exterior and interior access are noted for the upstairs unit.
The downstairs residence at 544 Grant has 3 bedrooms and 1 bath and is currently occupied by long-term, stable tenants, supporting immediate rental income. The property also includes a detached two-car garage and abundant off-street parking. Set on a large lot, the grounds are described as featuring mature fruit trees and space for outdoor use, and the home is positioned for afternoon bay breezes.
Additional context provided places the property minutes from downtown Vallejo conveniences and with easy access to trails and recreation at Lake Dalwigk.
The downstairs residence at 544 Grant has 3 bedrooms and 1 bath and is currently occupied by long-term, stable tenants, supporting immediate rental income. The property also includes a detached two-car garage and abundant off-street parking. Set on a large lot, the grounds are described as featuring mature fruit trees and space for outdoor use, and the home is positioned for afternoon bay breezes.
Additional context provided places the property minutes from downtown Vallejo conveniences and with easy access to trails and recreation at Lake Dalwigk.
Key Highlights
- 1900‑built Victorian duplex at 542 & 544 Grant Street with two 3‑bedroom, 1‑bath units.
- Upstairs unit (542 Grant): 3 bedrooms, 1 bath plus office/den; completely remodeled and vacant.
- Downstairs unit (544 Grant): 3 bedrooms, 1 bath; currently occupied by long‑term stable tenants.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.3k | $29.40 |
| − Vacancy | −$4.0k | −$1.62 |
| EGI | $68.3k | $27.78 |
| − OpEx | −$20.5k | −$8.33 |
| NOI | $47.8k | $19.45 |
2,459 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$683.2K
$597.8K – $797.1K
NOI $47,823 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$613.6K
$536.9K – $715.9K
NOI $42,952 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,773 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - 1900-built duplex with two 3-bedroom units, plus a detached two-car garage and off-street parking.
Where is this duplex located?
The property is located at 542 Grant St Vallejo, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1900‑built Victorian duplex at 542 & 544 Grant Street with two 3‑bedroom, 1‑bath units.; Upstairs unit (542 Grant): 3 bedrooms, 1 bath plus office/den; completely remodeled and vacant.; Downstairs unit (544 Grant): 3 bedrooms, 1 bath; currently occupied by long‑term stable tenants.
